Rice, the most eaten food in Japan, experienced a 100% price inflation in just few years. This hits people’s lives right at the core and I doubt they will endure this much longer without starting voicing out their discontent. However, the BOJ cannot raise rates much higher from here without triggering the implosions of Japan financial system first and the JPY carry trade thereafter with ripple effects all around the globe – the BOJ really put itself in the worst possible spot
Rice, the most eaten food in Japan, experienced a 100% price inflation in just few years. This hits people’s lives right at the core and I doubt they will endure this much longer without starting voicing out their discontent. However, the BOJ cannot raise rates much higher from… pic.twitter.com/LAr0Z6f2zK
— JustDario 🏊♂️ (@DarioCpx) July 15, 2025